HP 50 million dollar strategic investment Hadoop Big data platform

HP announced a strategic partnership with the big data platform and injected 50 million dollars into the Hortonworks, and HP CTO Martin Fink will join the board. Just this March, Hortonworks received $100 million in D-round funding from Blackstone, Yahoo and Benchmark, which were valued at more than $1 billion trillion, which was seen by the industry as an important step in Hortonworks's planned listing in 2015. Counting the 50 million dollars HP has today, Hortonworks a total of $248 million trillion in financing.

Hortonworks is a company that provides large data services based on the Hadoop framework, a software framework that enables distributed processing of large amounts of data. The company is a well-connected, July 2011 by Yahoo and Silicon Valley venture capital Benchmark Capital joint ventures. Not only that, the company also incorporated nearly 30 veteran engineers who specialize in Hadoop, and Eric Baldeschwieler, head of the Yahoo Hadoop development team, became CEO of Hortonworks.

The deal, the money is only on one hand, has said "not lack of money" hortonworks value, may be hp and those who lack the mature large data platform of the deep relationship between--hortonworks and HP will work together to develop Hadoop, the HP's Haven large data platform run. HP, as one of the world's largest providers of hardware, software and services for large companies, will be a strong supporter of Hortonworks, providing services and support.

Hadoop is a software framework capable of distributed processing of large amounts of data, because it uses efficient, scalable parallel processing, widely used as a software framework for large data processing, and the companies that apply Hadoop include Taobao, Amazon, Google, Yahoo, and so on. Hortonworks's CEO Rob Bearden has said that the Hadoop software market is expected to reach $25 billion trillion in the next few years.

According to Re/code, the 50 million-dollar injection of HP, the total investment that Hadoop has received so far this year, is close to $1.2 billion trillion. In April this year, Cloudera, a start-up company that provided large data systems for the enterprise-class market, financed $900 million trillion, and Intel invested $740 million, while 18%;mapr in early July to raise $110 million trillion and Google captical.